Ok then yesterday was your top of Wave E more than likely.
It's going to get rough now. I can tell you one thing
customers I'm calling on are not buying a thing unless it cuts
current cost period. In some cases there canceling agreements
and doing less or going without.
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Steve, Did the start of Wave 2 begin
Quick Comments
Posted by cspirit on 29th of Jan 2009 at 09:02 pm
Steve,
Did the start of Wave 2 begin at SPX 805 and you believe it MIGHT have completed at SPX 877 yesterday?
Yes, that would be the
Posted by dodgerdog on 29th of Jan 2009 at 09:17 pm
Yes, that would be the bearish count for Wave 2 or it was Wave E of the triangle. I showed BOTH last night on the same chart so you should be aware.
SPX Daily- here's the chart shown just last night.
Ok then yesterday was your
Posted by cspirit on 29th of Jan 2009 at 09:30 pm
Ok then yesterday was your top of Wave E more than likely. It's going to get rough now. I can tell you one thing customers I'm calling on are not buying a thing unless it cuts current cost period. In some cases there canceling agreements and doing less or going without.